Breaking News Instant updates and real-time market news.

2016-11-30 18:45:23

BFIN

BankFinancial

$14.10

-0.21 (-1.47%)

18:45

11/30/16

11/30

18:45

11/30/16

18:45

BankFinancial converts to national bank charter

BankFinancial announced its conversion to a bank holding company registered with the Federal Reserve Board effective at the close of operations on November 30. Concurrently, its wholly-owned bank subsidiary will become BankFinancial, National Association, pursuant to its conversion to a national bank charter. "The national bank charter now permits the bank to continue the expansion of its commercial lending operations, including lending to small businesses," said BankFinancial, adding that the charter "now removes all of our previous limits on growth and we intend to take full advantage of our new capacity."